Construction Cost Analyst: Financial Insight & Controls

Turner Construction Company

Toledo (OH)

On-site

USD 80,000 - 110,000

Full time

8 days ago
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Job summary

Turner Construction Company in Columbus, OH is seeking an experienced Costs Analyst to prepare financial analyses, reports, and forecast validation for project costs. You will partner with Project Engineers/Managers and Senior Cost Analyst to audit budgets, forecasts, and CABs, ensuring accurate cost conclusions throughout the project lifecycle.

The role requires a Bachelor's in a related field and 3 years of experience, strong Excel skills, and leadership abilities.

Qualifications

  • Bachelor's Degree in Accounting, Finance, Engineering, Construction Management or related field, and 3 years of related experience
  • High degree of organizational skills and exceptional attention to detail
  • Financial system applications proficiency and advanced MS Excel
  • Self-starter, adaptable, and flexible to operate with minimal direction and/or supervision working in complex and changing environment
  • Exercise independent judgment and discretion, ability to identify problems and make recommendations for resolution
  • Demonstrate leadership, strong dedication to teamwork and integrity
  • Professional written and verbal communication skills

Responsibilities

  • Assess project financial risks and report project plan to mitigate risks
  • Accumulate, audit, and correlate information from all sources to produce required cost reports such as Budget Analysis Reports (BARs), special studies, and Cost-audited BARs (CABs); prepare interpretive analysis as required
  • Audit project forecast of General Conditions, General Requirements, staff and labor projections to accurately forecast costs
  • Audit project re-forecasted projections and studies as project conditions change
  • Participate in Operations Review Meetings (ORMs) with senior business unit management
  • Maintain complete knowledge of all general contract documents and relationship of job estimate to contract documents
  • Train and develop new Costs Analysts and project staff
  • Visit jobsites, evaluate project progress and conditions, and review findings with project management
  • Review current field conditions in trades and evaluate costs, SISs, exposures, claims and recoveries
  • Act as bridge between Accounting and field staff
  • Monitor and understand project cash position
  • Participate in Payment Application creation and understand connection with Budget Report
  • Understand and audit SAP forecasting workbenches
  • Ensure proper contract review, Contract Authorization (CA), and Peckar & Abramson checklist to understand business deal, assumed contractual risks, and potential earnings impact
  • Establish Work Breakdown Structure (WBS) Element for allocation of costs, work with Engineering and Finance
  • Prepare final Cost Audited Budget Analysis Report (CAB), reconcile to final contract value and cost
  • Validate final revenue before final bill submission
  • Other activities, duties, and responsibilities as assigned

Skills

Financial analysis
MS Excel
Attention to detail
Communication skills
Leadership

Education

Bachelor's degree in Accounting, Finance, Engineering, Construction Management or related field

Tools

SAP

Job description

Turner Construction Company in Columbus, OH is seeking an experienced Costs Analyst to prepare financial analyses, reports, and forecast validation for project costs. You will partner with Project Engineers/Managers and Senior Cost Analyst to audit budgets, forecasts, and CABs, ensuring accurate cost conclusions throughout the project lifecycle.

The role requires a Bachelor's in a related field and 3 years of experience, strong Excel skills, and leadership abilities.

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